Markups provide funds to cover overhead costs, a fair and reasonable profit, and some cushion in case estimated costs are exceeded. MCAA’s Service Markups vs. Construction Markups discusses the elements of a job estimate that may be considered for markups. It’s just one of MCAA’s educational resources that are free to MCAA members as a benefit of membership.
The bulletin covers:
- How overhead differs between service and construction contractors
- The role of markups in providing a return on investment
- Risk factors, and how they differ between service and construction contractors
For a full list of available Management Methods Bulletins, visit the Management Methods Bulletins page.
Have Questions or Need Personal Assistance?
Contact MCAA’s Frank Wall.
On Wednesday November 20, 2024, the Pipeline Hazardous Materials Safety Administration (PHMSA) published a notice explaining that for calendar year 2025 it is increasing from 25% to 50% the rate of random drug and alcohol testing for employees of operators and contractors engaged in operations, maintenance or emergency response for gas pipelines facilities, hazardous liquid pipeline facilities, carbon dioxide pipeline facilities, liquefied natural gas (LNG) plants, and underground natural gas storage facilities. In the notice, PHMSA also clarifies how operators and contractors should report their drug and alcohol testing data.
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MCAA’s Field Leaders Conference is where field leaders realize their value.
Click the link to learn more about Mark Breslin's session, Legacy Leadership, and about the November conference in Atlanta, GA.
https://www.mcaa.org/news/flcbreslin-2024-atlanta/
Registration for MCAA's Advanced Institute for Project Management opens October 1st! This unique educational experience is for individuals with 8+ years of project management experience. Get ready to join us January 19 – 23, 2025, in Austin, TX! >> https://ow.ly/xz5g50TrMab
